WINDOW COVERING SAFETY COUNCIL INC (EIN 223321197) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

RALPH VASAMI

Phone

2122972100

Tax Period

2023-01-01 to 2023-12-31

WINDOW COVERING SAFETY COUNCIL INC, founded in 1994, is a small nonprofit that reported $506K in total revenue in fiscal year 2023. Revenue surged 110% from the prior year, signaling strong growth momentum. Expenses of $658K exceeded revenue, resulting in a 30% operating deficit.

Mission

EDUCATE AMERICANS ABOUT POTENTIAL WINDOW-CORD HAZARDS FACING YOUNG CHILDREN; PROVIDE CONSUMERS WITH FREE RETROFIT KITS AND INFORMATION; AND PROMOTE THE INDUSTRY'S CONTINUING COMMITMENT TO PRODUCT QUALITY AND SAFETY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $504,946

Program Service Revenue $0

Investment Income $1,424

Other Revenue $0

TOTAL REVENUE $506,370

Expense Breakdown

Grants Paid $83,500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $574,632

TOTAL EXPENSES $658,132

Year-over-Year Comparison

	2023	2022	Change
Revenue	$506,370	$240,710	+1.1%
Expenses	$658,132	$537,244	+0.2%
Net Income	$-151,762	$-296,534	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DERICK MARSH	TRUSTEE	Director	$0	$0	$0
JOE JANKOSKI	TRUSTEE	Director	$0	$0	$0
PETER RUSH	TRUSTEE	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$506,370	$658,132	$268,040	$-151,762
2022	$240,710	$537,244	$499,421	$-296,534
2021	$399,411	$425,700	$653,377	$-26,289
2020	$416,952	$421,729	$753,875	$-4,777
2019	$416,227	$377,441	$674,860	$38,786
2018	$486,858	$407,535	$729,726	$79,323

WINDOW COVERING SAFETY COUNCIL INC